In an eye-opening case that reflects South Korea’s rigorous stance on crypto regulation, Kim Nam-guk, a former Democratic Party congressman, is facing legal repercussions for concealing substantial crypto holdings. According to a local source, Prosecutors have requested a six-month prison…
ApeX Protocol, a decentralized exchange (DEX) for derivatives trading, released a study evaluating countries through three core metrics. The factors include blockchain patents, jobs in blockchain and the number of crypto exchanges. “Singapore is first as a global hub for…
BTC $104,678.32 -1.99% ETH $3,879.34 -2.88% SOL $218.64 -1.35% PEPE $0.000021 -6.59% SHIB $0.000026 -4.53% DOGE $0.38 -3.78% XRP $2.56 -5.26% ETH Gas (gwei) 16.62 BTC $104,678.32 -1.99% ETH $3,879.34 -2.88% SOL $218.64 -1.35% PEPE $0.000021 -6.59% SHIB $0.000026 -4.53%…
Japanese investment firm Metaplanet is poised to achieve its first consolidated operating profit in seven years, just months after incorporating Bitcoin into its balance sheet. The Tokyo-based firm announced on December 18 that it expects to generate 890 million Japanese…
The Australian corporate watchdog sued Binance’s Australian arm for failing to protect consumers misclassified as ‘wholesale clients.’ The investors were apparently exposed to highly speculative and risky crypto products, the Australian Securities and Investments Commission (ASIC) claimed. Oztures Trading Pty…
NFT collection CyberKongz announced late Monday that the SEC issued a Wells notice, signaling its intent to charge the project. This notice means the regulator believes there might be securities law violations and is preparing to take enforcement action against…
The Spanish firm BitBase will install its first crypto ATMs in Argentina in 2025, as adoption continues to gather pace in the Latin American nation. Per the Argentinian media outlet Mercado, the Spanish company has set aside around $524,000 to…
The UK’s financial regulator, the Financial Conduct Authority (FCA), has proposed new strict crypto regulations to curb risks within the digital asset market. According to a recent discussion paper released on December 16, the financial watchdog plans to outlaw public…
The head of South Korea’s stock exchange says the nation should “institutionalize crypto” and “act quickly” or risk losing ground on its international rivals. In an interview with the South Korean newspaper Maeil Kyungjae, Jeong Eun-bo, the head of the…
Senator Tim Scott, the next U.S. Senate Banking Committee Chair, has promised action on crypto legislation during a Washington event. Speaking at the Policy Summit by Blockchain Association, Scott stresses that crypto has the “potential to democratize the financial world.”…